#Permissionless2 — A Whole Lotta Love | BanklessDAO Weekly Rollup
Catch Up With What Happened This Week in BanklessDAO
Dear Bankless Nation 🏴,
The permissionless nature of Bankless DAO is a reflection of its core values of decentralization and inclusion. This means that anyone can participate in the DAO, regardless of their background or financial status. This week, many bDAO members were lucky enough to gather at the annual Permissionless event which was held in Austin, Texas. By all accounts, it was an uplifting experience, so this week’s edition of the Rollup is dedicated to sharing the vibe, stretching that IRL love just a little further!
Speaking of the vibe, the DAO’s Community Call team will be introducing new KPIs to help us measure the success of the weekly call and ensure that it is meeting the needs of the community. If you have feedback or would like to act as MC, they’d love to hear from you. Meanwhile, the Treasury Department are exploring ways to use our treasury balance to generate income and support the DAO's mission, and the AV Guild is implementing plans to change their organizational status to a Department to better reflect their services to the DAO.
The DAO’s collaborative work in service of the Optimism Collective’s Intent 3 grant, approved in July, is wrapping up over the next week or so. There have been numerous podcasts, newsletter editorials, threads, and articles produced in multiple languages and across an array of platforms, all spreading awareness of the Optimistic Vision, which is strongly aligned with the DAO’s vision. This has been a truly global alliance, and while everyone involved deserves applause, huge kudos must go to Eren Targ for keeping the orchestra in tune!
We hope you have a relaxing and enjoyable weekend. Take some time to recharge and come back refreshed for the week ahead. We are grateful for your continued support of Bankless DAO and excited to build the future of finance with you!
Contributors: Teekaygod, Warrior, theconfusedcoin, anointingthompson1.eth, Paulito, Vi-Fi, Miss Purple, Trewkat, HiroKennelly
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👍 Support Bankless Africa by engaging with their X posts.
👋 New to bDAO? Join the New Joiner Session S9 x 01 to get plugged in.
🧑💻 Learn How To Discord and How To Bank from the Education Department.
🏃♀️ Catch up: Review this week's Community Call notes or listen to the recording.
Grants Committee
The Season 9 Grants Committee has elected Baer.eth and PaulitoBankless as GC Leads for this season. Congratulations to both, and thank you to Icedcool and links for your service as Leads last season.
Snapshot Votes
🗳️ Seasonal Meta-Governance Delegation to DAOStewards.eth
This Snapshot vote has now closed, and is approved. The voting results were:
Approve: 13M BANK (78.46%)
Reject: 2.3M BANK (13.4%)
Abstain: 1.4M BANK (8.14%)
Proposals in Discussion
💰 Tokenomics — Approve DAI Capital-Efficiency Strategy
In early 2022, following the transfer of DAO liquidity to Uniswap V3, the DAO established a Rari Fuse pool, which would allow those holding BANK tokens to use them as collateral for borrowing.
This proposal is to deposit the 14,693.416 DAI which is sitting idle in DAO Treasury into BanklessDAO’s Rari Fuse pool and earn 6.53% APY. Based on feedback from links and Bananachain, the following text has been added to the proposal:
This proposal grants the Treasury Department the right to deposit the aforementioned funds into the Rari pool, and the right to decide and execute the withdrawal of such funds back into the DAO multi-sig when judged to be appropriate and necessary for economic or risk considerations.
If you haven't weighed in on this proposal, hop on the Forum and do so.
⌚ DAO O’Clock Retrofunding Request
DAO O’Clock made up for the limited DAO-focused events at ETH Toronto by creating a happy-hour event at a nearby venue. In total, 125 people signed up and 75 made an appearance, showing the desire for DAO-focused discussion.
This proposal is requesting 211,517 BANK as retroactive funding to cover the costs associated with the event.
#Permissionless2 — A Whole Lotta Love
The following pics have been permissionlessly gathered and included in the Weekly Rollup for the purpose of recording this momentous IRL event for posterity!
The vibes are evident, but captioning is intermittent.
We’ll start with this epic pic captured at the Bankless HQ barbeque:
To save you zooming in:
#PinkIsTheNewBank — Bankless Card crew looking sharp:
Legendz of the big screen:
Hmmmm not sure what’s going on here. What happens at Poker Night stays at Poker Night?
Welcome to the first ever ChippiCon!!
Mario is not sure what Luigi is reaching for here.. maybe he’s about to touch his toes:
Chippi have no pants but at least they have plants:
and cupcakes:
Absolute Chippi legends:
The Crypto Sapiens crew:
That’s all folks!
We hope you enjoyed this ‘photo essay’ about Permissionless 🤩
👺 AV Guild Launches a New Series: Moloch Traps
With the increased use of game theory in crypto, the concept of Moloch has grown in popularity. In this new video series, Zombie Shepherd and 0xZFi from the DAO’s AV Guild bring a philosophical lens to human coordination failures, sharing anecdotes which highlight how Moloch “rears his head”.
🚀 DAOpunks Archetypes Now Minting
Are you a DAOpunk? Join the community and escape the soul-sucking drudgery of default world work. A better world awaits. DAOpunks lead the way.
The Shadowy Super Coder, Creative, and the Crypto Native (pictured) can be minted for 0.03 ETH on Optimism. Each wallet that mints one of these NFTs will be eligible to redeem a free corresponding t-shirt.
⛴️ BanklessDAO Content
✍️ Bankless Publishing
🧠 Crypto Sapiens
🌍 Bankless Africa Podcasts
🤩 New Joiner Session S9 x 01
Join the New Joiner Session to learn more about BanklessDAO and how to get involved. You will meet mentors who can guide you on your journey into DAO life as well as other new joiners. This session will be held on Zep. Please put your Discord Handle as your display name (e.g.Quietfox#2574), and be prepared to share a little about yourself.
RSVP to have Zep meeting details emailed to you nearer to the event, which will be held on Monday, September 18 at 14:00 UTC.
💬 How To Discord
Are you eager to gain a comprehensive understanding of how BanklessDAO operates within the Discord platform? Look no further! Join the Education Department on Tuesday, September 19 at 14:00 UTC in the watercooler voice channel.
🏦 How To BANK (Tokenomics)
BANK is the governance token of BanklessDAO. To learn about the origin of the BANK token and its tokenomics, join the Education Department on Wednesday, September 20 at 14:00 UTC in the watercooler voice channel.
📖 How To BANK (Governance)
Join the Education Department on Thursday, September 21 at 14:00 UTC in the watercooler voice channel to learn about the BanklessDAO Constitution, and in particular, how the DAO is structured.
🦓 ETHSafari 2023
Author: Miss Purple
This year marks the second ETHSafari event, a meeting ground for the innovators, curious minds, and builders within Africa, and those interested in exploring the African crypto landscape. This week-long event promises to be transparent and inspiring. With the theme ‘Get Real’, the transformative power of real world assets will be explored, along with the true impact of various use cases and tech advancements.
Nairobi, Kenya has been touted as one of the cities with the most potential for the Africa crypto hub, so it is only fitting that the safari begins here, and later trails towards the waters of the coastal Kilifi. With just a few days to go, the excitement for ETHSafari is palpable, with sponsors like Celo, Ava Labs and MetaMask — to name a few — ready for a great turnout. Bankless Africa is one of the official media partners for the event.
Stay updated with the ETHSafari newsletter or follow ETHSafari on X.
🔴 Bankless Academy Multi-Language Lesson Launch
Next week Bankless Academy, in collaboration with Bankless International Media Nodes, is launching the multi-language version of its Optimism Governance lesson. Join the celebration on this upcoming X Space!
